Merkel says Germany needs e-cars for 2030 climate goal, faces “tough decisions”
Germany needs e-mobility to reach its 2030 emissions reduction targets in transport, Chancellor Angela Merkel said, according to Suddeutsche Zeitung.…
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General Interest
ICAP: EU ETS price at about 16 euro in 2018, revenues collected at 14 billion euro
The total revenues collected in the EU by the Emissions Trading System in 2018 was of 14.2 billion euro, reveals…
Foreign direct investment rose by 88.5% in January
Foreign direct investment grew by 88.5% in the first month of this year to 362 million euro, compared with 192…
Teodorovici: The final form of GEO 114 will be discussed at coalition level
By the end of March, the Government Emergency Ordinance 114 will be amended and there is no impediment until then…
Mark Davis is the new EBRD director for Romania, investments to rise
A high level EBRD delegation led by Jurgen Rigterink, First Vice President, and Alain Pilloux, Vice President, Banking, arrived in…
Mergers and acquisitions in the European energy sector increase 2.5 times – EY
Global energy and utilities’ trading activity reached a record high in 2018, a 28% increase in total transaction value to…
Alro Slatina shares, included in the BET main index as of today
Alro Slatina (ALR) today marks more than 21 years of presence at the Bucharest Stock Exchange (BVB) by entering the…
Petrom inaugurates the 65 mln euro poli-fuels plant at Petrobrazi
Petrom will open by the end of the month the plant which converts petroleum gas into gasoline and diesel, on…
Project: The United States could allocate a billion dollars to Eastern Europe
A Republican Congressman has tabled a bill that, if adopted, will require the US Government to engage, financially and diplomatically,…
Bitcoin’s energy consumption equalled that of Hungary in 2018
Bitcoin miners consumed as much as energy in 2018 as Hungary, according to Alex de Vries. The researcher at the…
Continental Romania invests 240 mln euro in 2018, eyes urban mobility projects
Automotive parts supplier Continental Romania said on Thursday it has invested 240 million euro ($271 million) in 2018 and will…
Energy Strategy: Romania needs 15-30 bln euros in energy investment by 2030
Romania’s energy sector needs as much as 30 billion euros ($34 billion) of investment in power, oil and gas production,…
Szijjártó: Hungarian firms have signed contracts with ExxonMobil and OMV
Hungarian Foreign Minister Péter Szijjártó said on Thursday in Târgu Mureş that Hungary wants to buy natural gas from Romania,…
Petrom offers a dividend yield of over 7%
OMV Petrom distributes a gross dividend of RON 0.0270 per share due to the net earnings it gained last year.…
Amonil is trying to block the bankruptcy decision
Former fertilizers company Amonil of Slobozia appealed against this decision of the bankruptcy court. Previously insolvent, it went into bankruptcy,…
Oil prices go up to the maximum of the last four months
The Brent oil price climbed to the highest level in the last four months on Thursday, backed by OPEC’s cuts…
The Finance Minister expects a favorable rating from S&P
The Standard & Poor’s rating agency (S&P) will publish a final report in a few days and will be a…
The Minister of Transport announces a new amendment to the procurement law
The Procurement Law will be amended, and one of the amendments will stipulate that a company that has not participated…
ASF adapts its GDR regulation to allow Electrica, Romgaz, FP and Petrom to remain listed at LSE
The Financial Supervisory Authority (ASF) of Romania has launched a draft regulation to adapt the current regulatory framework to Brexit…
Christina Verchere keeps the helm of Petrom until 2023
The OMV Petrom SA Supervisory Board granted new mandates to the following members of the OMV Petrom Directorate for a…
Steven van Groningen: The side effects of GEO 114 worry us most
Companies have postponed their investment plans due to GEO 114/2018, and that should worry the most, says Raiffaisen Bank’s president,…
TeraSteel, double-digit growth in 2018
TeraSteel, part of the TeraPlast Group, one of the leading manufacturers of thermal insulated panels and turnkey warehouses in Romania,…
Ovidiu Demetrescu: There is no national strategy to focus on electromobility
Before developing a national electric car program, Romania should focus on urban mobility, says Ovidiu Demetrescu. “At this point we…